Filed January 18, 2023
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $148,005 | $86,286+71.5% | $111,297+33.0% | $85,850+72.4% |
| Participation rate | 94.1% | 73.3%+20.8pp | 77.3%+16.8pp | 69.3%+24.8pp |
| Annual return | 15.62% | 19.99%-4.4pp | 54.65%-39.0pp | 318.53%-302.9pp |
| Employer contribution / active EE | $2,829 | $2,043+38.5% | $2,731+3.6% | $2,565+10.3% |
| Participant deferral / active EE | $7,320 | $3,641+101.1% | $4,487+63.1% | $3,952+85.2% |
| Admin fee / account holder | $25,105 | $8,188+206.6% | $7,964+215.2% | $6,260+301.0% |